US Antimony (UAMY) Climbs to Fresh High as Firm Bares Critical Minerals Expansion

Core Insights - United States Antimony Corp. (NYSEAmerican: UAMY) has reached an all-time high stock price, driven by investor enthusiasm for its expansion plans in critical minerals production, supported by a recent capital raise of $25 million [1][2]. Financial Performance - On the trading day, UAMY's stock peaked at $17.26 before closing at $16.71, reflecting a significant increase of 36.85% [2]. - The company entered a securities purchase agreement for the sale of 2.37 million shares, with the transaction expected to close on October 14 [2]. Capital Utilization - Proceeds from the recent capital raise will be allocated towards increasing antimony and other critical mineral inventory, expanding mineral leasehold positions in Alaska and Montana, enhancing the capacity of the Madero Smelter, and acquiring other critical mineral companies [3]. Institutional Investment - UAMY has successfully raised a total of $69.25 million in three tranches over the past 45 days, attracting large institutional investors at progressively higher share prices [4]. - The capital raises have been executed with minimal or no discounts to market prices, strategically enhancing the company's shareholder base with institutional investors [5].